SELF-CHECKOUT: Cust2Mate is the world’s first proven-in-use self-checkout (SCO) smart cart for retail markets. It leverages advanced, user-friendly technologies to streamline shopping for consumers, while boosting the efficiency of store management.
ALL IN ONE SYSTEM. PICK. PAY. GO: With the Cust2Mate smart cart, shoppers simply choose the products they want. The cart’s sophisticated computer vision and weighing systems calculate the price and enable on-board payment, so customers can bypass check-out lines.
BIG DATA: With advanced Big Data capabilities, the smart cart constantly communicates with store management, keeping track of each shopper’s activities, preventing fraud and automatically issuing re-stocking alerts.
TARGETED ADVERTISING: The smart cart targets the customers’ needs and desires, while promoting the products chosen by managers. Its large touch screen guides shoppers to store specials and encourages them to purchase ‘hot’ products.
COMPUTER VISION: When a customer selects a product, Cust2Mate’s sophisticated computer vision system, with its touch screen and integrated scanner takes over, acting as a mobile cash register. Special cameras identify and scan the barcode of each item placed in the cart. A built-in trade-legal scale calculates the price of sold-by-weight items. The cart’s smart algorithm ensures that customers can easily keep track of their purchases, while protecting the store against fraud. Cust2Mate is so smart it can even identify and ignore personal items – or children – if they’re placed in the cart.
Cust2Mate was designed for ease-of-use and increased revenues. While its user-friendly graphic user interface makes shopping faster and more pleasant for consumers, it also delivers focused direct advertising that guides them to special store promotions and discounts. As a result, your customers spend more time shopping, find the items that suit their tastes and budgets.
When the customer finishes shopping, Cust2Mate’s on-board payment system eliminates the need to stand in check-out lines. Instead, the entire purchase is paid for right on the cart, so customers can simply roll it out of the market.
SMART ALGORITHM: Because Cust2Mate keeps track of every purchase, it keeps store managers informed regarding ‘hot’ items – and automatically issues restocking alerts. That means increased control and lower labor costs. It’s a real game-changer for supermarkets.
Find More Key Cust2Mate Details Here.
Right now, AZ has several potential catalysts to focus in on. Check them out:
No. 1 AZ Potential Catalyst - Last Week's Huge Order Announcement ($10Mn)
A2Z Receives Order for Additional Smart Carts from Yochananof for An Aggregate of USD $10Mn
TEL AVIV, ISRAEL / ACCESSWIRE / May 11, 2022 / A2Z Smart Technologies Corp. ("A2Z" or the "Company") (NASDAQ AZ) (TSXV:AZ), today announced that Yochananof, a premier Israeli supermarket chain has placed a follow-on order for an aggregate of 1,000 Cust2Mate Smart Carts, after a successful initial rollout in their stores. The aggregate value of orders received from Yochananof has increased to approximately USD $10Mn. The increased order was confirmed with a USD $1.75Mn down payment. The remaining balance will be paid upon delivery of the carts which will occur on an ongoing basis and completed by October 31, 2022. Yochananof has committed to rolling out Cust2mate Smart Carts in all its stores in Israel.
A2Z's state-of-the-art Cust2Mate Smart Cart streamlines the shopping experience by recognizing every purchased item and enabling in-cart payment so that shoppers skip lines, while also allowing retail grocers to direct shoppers to discounted products and in-store promotions to efficiently manage and move inventory.
"We're thrilled that Yochananof is increasing the number of state-of-the-art Cust2Mate Smart Cart solutions for customers to 1,000 after a successful initial rollout in their stores," commented Rafi Yam, CEO of Cust2mate. "Yochananof customers have expressed their satisfaction and indicated that the carts have greatly enhanced their overall shopping experience, so the chain is responding by adding more carts. This follow-on order validates the appeal and effectiveness of our Cust2Mate Smart Cart solution in a real-world setting, and we remain focused on identifying strategic opp's to introduce our carts to a wider audience of retailers."
Read the full article here.
No. 2 AZ Potential Catalyst - Benchmark Slaps AZ With A Massive $18 Price Target
In-vest-ment banking firm, The Benchmark Company, tagged AZ with an $18 price target back in January of 2022.
Here's is one key highlight from the report:
As is often the case in newly created, early-stage markets, valuation remains highly subjective. If public estimates are accurate, Caper was acquired by Instacart for ~35x revenue. We also believe Standard Cognition and Tracxpoint carry private valuations north of $1Bn. However, there are no real public yardsticks by which to compare A2Z, and thus we are left to rely on an EV/Revenue multiple based off of a model that has a multitude of unknown variables around order size, timing and SaaS uplift. While growth multiples have come in substantially, most of our broader streaming, early stage and SaaS-exposed companies still tend to trade in a range of 4-6x. As such, we are ascribing a 5x 2024E revenue multiple to arrive at our $18 per share price target. We note that our target does not include any incremental value from the other A2Z business segments, which we view as free as optionality.
No. 3 AZ Potential Catalyst - Company Rolls Out Cust2Mate To Strong Initial Results
A2Z Smart Technologies Provides Initial Performance Results From Cust2Mate Smart Cart Rollout in Israel
TEL AVIV, ISRAEL / ACCESSWIRE / March 2, 2022 / A2Z Smart Technologies Corp. ("A2Z" or the "Company") (Nasdaq:AZ) (TSXV:AZ), today released performance data from the Company's roll-out of the Cust2Mate Smart Cart at Yochananof, an Israeli-based supermarket chain.
The Company collected operational data for a 30-day period from Cust2Mate Smart Carts deployed in one of the chain's flagship locations. During this 30-day period, the Cust2Mate Smart Carts outperformed both traditional point of sale and self-checkout payment options in average items sold per basket and average total spent in New Israel Shekels (NIS) per basket. A2Z presents the data below:
30-Day Sales Performance
Cust2Mate vs. Traditional Checkout